Santa Fe, New Mexico Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

232

Sold (12M)

127

Median Price

Market Condition

Strong Buyer's Market

Santa Fe, New Mexico Market Meter

Strong Buyer's Market

26.8 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

Avg Price/Acre

Avg Days on Market

143

Months of Supply

26.8

YoY Price Change

New Listings (3M)

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	2	6	17	33	69	118
1-2 acres	5	9	12	30	67	99
2-5 acres	-	-	1	1	1	2
5-10 acres	1	5	11	15	36	55
10-20 acres	1	1	6	10	18	34
20-50 acres	-	1	2	7	9	10
50-100 acres	-	-	2	2	2	2
100+ acres	-	-	-	-	3	6
TOTAL	9	22	51	98	205	326

📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold

For Sale

0-1 acres33 sold / 53 listed

1-2 acres30 sold / 54 listed

2-5 acres1 sold / 0 listed

5-10 acres15 sold / 29 listed

10-20 acres10 sold / 17 listed

20-50 acres7 sold / 9 listed

50-100 acres2 sold / 3 listed

100+ acres0 sold / 4 listed

Median Price by Acreage

No price data available

Key Market Indicators

Total Sales Volume

Last 12 months

Active Listings

232

Current inventory

Avg Days on Market

143

Time to sell

Price Trend (YoY)

Year over year

Santa Fe, New Mexico Land Market Analysis

Is now a good time to buy land in Santa Fe, New Mexico?

Santa Fe, New Mexico is currently a strong buyer's market with 26.8 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Santa Fe, New Mexico?

Santa Fe, New Mexico currently has 26.8 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the absorption rate for land in Santa Fe, New Mexico?

The 3-month absorption rate in Santa Fe, New Mexico is 3.7%. The 12-month rate is 4.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total amount sold in Santa Fe, New Mexico last year?

Over the past 12 months, Santa Fe, New Mexico saw 127 properties sold. In just the last 3 months, 26 properties changed hands.

What is the total land for sale in Santa Fe, New Mexico?

There are currently 232 active listings in Santa Fe, New Mexico. 46 new listings have hit the market in the last 90 days. The median asking price is $289K.

Is now a good time to invest in land in Santa Fe, New Mexico?

The current absorption rate in Santa Fe, New Mexico is 3.7% (3-month basis), indicating slow demand. The top-performing broker in this market is Keller Williams Realty.

How long does it take to sell land in Santa Fe, New Mexico?

Land in Santa Fe, New Mexico typically sells within 143 days of listing. The median time on market is 62 days. Properties are moving slowly in the current strong buyer's market.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.